I also stated that if they harmed the home in the process of these repairs, by not using a licensed and trained professional, it would cost me extra.They responded saying they don't feel I can unilaterally request that a tenant not make these repairs, and they would not notify the tenant to cease work.As it stands, I am allowed to have a contractor who is competent look at the job, quote it, but I am not allowed to do the work with that person, until the tenant has had a shot at it.I cannot believe how basically unprofessional, and dangerous this situation is for all parties involved and want confirmation as the woman who works at this management company has no legal degree, and is constantly attempting to wave the legal flag like an expert.

Are there red flags I should be looking out for?

Thus, leaving $60,000 available for the note holder to claim.I did not sell the note to Ben (who offered me $30k for it which again another red flag).

Definitely a great town to plant an Investment flag. 

I went to the property and some other red flags came up.

In fact, using cost segregation results in an unusually high depreciation deduction, which IS an IRS audit flag.

Sellers did not allow us to get professionals in to give estimates for a french drain before closing (yes, our red flag we should have walked away with), but agreed to lower closing price.

Got out of that deal - too many red flags. 

- How do you assess the market and identify red flags?

., tours, etc) however, many applicants had evictions and poor credit history (low credit score doesn't bother me, but when you have 7-10 credit card and personal loans in default, it's a serious red flag.)